楓樹首席執行官兼聯合創始人席德·鮑威爾（Sid Powell

他的公司正在開創一種開展機構貸款的新方式，其中將最佳的傳統金融與區塊鍊網絡的速度和流動性結合在一起。

Sid Powell, CEO and co-founder of Maple, is bringing an inspired Wall Street lending model to the crypto sphere, using Bitcoin as the basis.

Maple的首席執行官兼聯合創始人Sid Powell正在使用比特幣作為基礎，將受到啟發的華爾街貸款模型帶到了加密貨幣領域。

Powell's company, Maple, is pioneering a new way to conduct institutional lending where it combines the best of traditional finance with the velocity and liquidity of a blockchain network.

鮑威爾的公司Maple正在開創一種新的方式來進行機構貸款，將傳統金融的最佳融資與區塊鍊網絡的速度和流動性結合在一起。

In a recent interview with TheStreet Roundtable, Powell described Maple’s approach as “asset-backed lending on-chain.” The concept has already piqued the interest of high-net-worth individuals and fixed-income investors seeking reliable returns in the digital asset space.

在最近對TheStreet圓桌會議的採訪中，鮑威爾將Maple的方法描述為“資產支持的貸款鏈”。這個概念已經激發了高淨值個人和固定收益投資者在數字資產領域尋求可靠回報的興趣。

Powell pushes to establish Bitcoin as the backbone of global lending

鮑威爾（Powell）推動將比特幣確立為全球貸款的骨幹

Maple lends to institutions such as trading firms and hedge funds, using cryptocurrency, such as Bitcoin, as collateral. Borrowers receive stablecoins directly into their wallets, while the firm holds the collateral in liquid digital assets.

楓樹借給貿易公司和對沖基金等機構，使用加密貨幣（例如比特幣）作為抵押品。借款人將穩定的人直接收到錢包，而該公司則將其持有液體數字資產的抵押品。

Afterwards, investors earn a yield on those loans, just as they would in traditional credit markets. In addition, Powell claimed that Maple provided more enticing over-collateralized loans with 30-day redemption periods. Contrast that with private credit markets, where loans are frequently unsecured and locked for years.

之後，投資者就像在傳統信貸市場中一樣，這些貸款收益率。此外，鮑威爾（Powell）聲稱，楓樹（Maple）提供了30天的贖回期，提供了更多誘人的過度物質化貸款。形成鮮明對比的是，與私人信貸市場相比，貸款經常被無抵押和鎖定多年。

He continued that anybody who had worked with pledged securities or margin lending would understand that the main benefit of cryptocurrencies is liquidity.

他繼續說，任何與保證證券或保證金貸款合作的人都會理解加密貨幣的主要好處是流動性。

Moreover, Powell stated that it takes six months to sell a house but only a few hours to sell a billion dollars worth of Bitcoin. Therefore, it is concluded that if the loan does not work out, he could sell his digital assets in many places.

此外，鮑威爾（Powell）表示，出售房屋需要六個月的時間，但只有幾個小時才能出售價值10億美元的比特幣。因此，可以得出結論，如果貸款無法實現，他可以在許多地方出售他的數字資產。

Maple implements a strategy to curb cryptocurrency risks

楓樹實施遏制加密貨幣風險的策略

The 2022 collapse of several crypto lenders, such as BlockFi, has heightened concerns about risk management in the sector. Powell acknowledges these challenges and insists that Maple has built-in safeguards to mitigate them.

幾個加密貸款人（例如Blockfi）的2022年崩潰加劇了對該行業風險管理的擔憂。鮑威爾（Powell）承認這些挑戰，並堅持認為，楓樹（Maple）內置保障措施以減輕它們。

To solve this, Maple provides yields on par with high-yield credit but with transparent margin policies and a safety net of liquid collateral through institutional-grade custodians such as BitGo.

為了解決這一問題，Maple提供了高收益信貸的收益率，但通過機構級保管人（例如Bitgo）提供了透明的保證金政策和液體抵押品的安全網。

“We spend a lot of time explaining how we manage margins,” Powell observed. “If Bitcoin drops in price, how long do we wait before selling the asset? How long do we give someone to post more collateral or pay the loan?”

鮑威爾觀察到：“我們花了很多時間來解釋如何管理利潤。” “如果比特幣的價格下跌，我們要等待多長時間才出售資產？我們要給某人多長時間發布更多的抵押品或支付貸款？”

It is noteworthy that Powell was dedicated to achieving goals beyond this one.

值得注意的是，鮑威爾致力於實現這一目標。

For him, accomplishing this objective was the first move to face more established financial giants like Apollo or Ares. Thus, it might be possible to work with companies like J.P. Morgan to offer standardized Bitcoin-backed securities to pension funds and combine the speed of cryptocurrencies with the stability of traditional finance.

對他來說，實現這一目標是面對阿波羅或阿雷斯等更具成熟金融巨頭的第一步。因此，有可能與JP Morgan這樣的公司合作，為養老金提供標準化的比特幣支持的證券，並將加密貨幣的速度與傳統財務的穩定相結合。

Maple launches the Lend + Long product to achieve BTC growth without downside exposure

Maple推出了貸款 +長產品，以實現BTC增長而無需下行曝光

According to reports published on January 27, decentralized lending platform Maple Finance introduced an on-chain structured yield product designed to give financial institutions exposure to Bitcoin.

根據1月27日發布的報導，分散的貸款平台楓樹融資引入了一種鏈結構的收益產品，旨在使金融機構接觸比特幣。

Dubbed Lend + Long, the product was aimed at yield funds, corporate treasuries, and institutional investors, allowing them to gain exposure to Bitcoin price appreciation without direct exposure to the downside.

該產品被稱為Lend + Long，針對收益資金，公司國庫和機構投資者，使他們能夠獲得比特幣價格欣賞的敞口而不直接接觸下跌。

According to Sid Powell, institutional investors have been seeking a way to gain all the upside of Bitcoin exposure but don’t want the stress of the volatility that comes with it.

根據西德·鮑威爾（Sid Powell）的說法，機構投資者一直在尋求一種方法來獲得比特幣暴露的所有優勢，但不希望隨之而來的波動性。

Lend + Long offered structured exposure to Bitcoin without having to own the underlying asset. The product worked by buying Bitcoin call options and accruing yield from a high-yield liquidity pool run by Maple itself.

貸款 +長期提供了對比特幣的結構化暴露，而無需擁有基礎資產。該產品是通過購買比特幣通話選項和從Maple本身運行的高收益流動性池中獲得的收益率來工作的。

Maple Finance manages several lending pools tailored to different risk appetites. For example, its Maple High Yield Secured Pool accepts a wide range of low market cap risky altcoins as collateral while paying lenders higher interest rates. On the other hand, its Blue-Chip Secured Pool accepts only Bitcoin and Ether as collateral, making for a much more risk-averse lending ecosystem.

Maple Finance管理了針對不同風險食慾的幾個貸款池。例如，其楓木高收益池的楓木量儲備量很廣泛，而較低的市場上限風險山寨幣則作為抵押品，同時支付貸款人的利率更高。另一方面，其藍芯片安全池僅接受比特幣和以太作為抵押品，從而實現了更大風險的貸款生態系統。

To minimize risk, all loans in Maple’s high-yield, on-chain pool are over-collateralized, requiring borrowers to collateralize more than they borrow.

為了最大程度地降低風險，楓樹高收益中的所有貸款都過於合理化，要求借款人比借貸更多。